The top-of-the-line Pardee tract in Carmel Valley opened this weekend, and they had hundreds of people show up. The first release had eight homes available, starting in the $1,700,000s, but prices go up quickly from there: With so many homes being built in Pacific...
The Statewide Community Infrastructure Program (SCIP) sounds like another name for 30-year Mello-Roos-type bonds whose proceeds are used to pay for things that governments or home builders used to cover.
These new homes next to the Crosby look reasonably priced - well, except for the HOA and Mello-Roos fees. They have five of these Plan-2 houses for sale, starting at $250/sf, which isn't bad for homes with the master suite downstairs, private guest suite, and lot...
Shouldn't every district being doing this? From the nctimes.com: Property owners in the Old Creek Ranch area of San Marcos will save more than $2 million in special taxes under a bond refinancing that the city completed last week. Located in the southwest part of the...
Hat tip to profhoff for sending this in, from the sfgate.com: On the eve of tax-filing deadline, the Franchise Tax Board abandoned its campaign to get California property owners not to deduct a portion of their real estate taxes. "We have removed material from our...
Do you dislike the idea of paying Mello-Roos fees? Now that the State of California has changed the tax forms to ensure you can't deduct them by accident anymore, would you like to pay them off? This is what a reader found about paying off his Mello-Roos in advance:...
Hat tip to ProfHoff for sending in this update from sfgate.com: Many California homeowners may be surprised to learn that some charges on their property tax bills are not deductible on their income tax return. The Franchise Tax Board is on a mission to get California...
The Mello-Roos payments in some of the newer tracts seem outrageous. But is it the compromise some will make to conveniently buy a house? After all, there are some great benefits: For those less-handy, a new house offers the least-likely to have physical problems....
These new tracts in northeast Carlsbad seem to have decent pricing, with 1,753sf homes starting in the high-$400,000s on the lower end, and 3,000+ square footers in the mid $600,000s. But even with the tax credits, they have only sold half of the homes released in the...
